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Question 1:
Explain the main drivers of globalisation and ascertain whether they have helped to reduce the gap between the rich and the poor countries.
Question 2:
Discuss the four criteria of the evaluation framework. Please provide concrete examples to ascertain their importance.
Question 3:
‘One of the main reason for the choice of a joint venture as a mode of entry is that a joint venture substantially alleviates the problem of differing culture, language and legal system amongst other things'.
Given the above, discuss the benefits and costs of using a joint venture as a mode of entry into a foreign county.
Question 4:
"The eclectic paradigm combines elements of quite different approaches to international production, and so it should not be misunderstood as itself another general theory: ‘precisely because of its generality, the eclectic paradigm has only limited power to explain or predict particular kinds of international production; and even less the behaviour of individual enterprises,'"(Dunning, 1988a).
Question 5:
Discuss the benefits and costs of joining a Regional Trade Agreement.
A bottling company has determined the number of machine breakdowns per month and their respective probabilities as given below: Number of Breakdowns Probability
WHAT ARE THE GOVERNMENT FUNCTIONS?
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expected solution plus hypothesis
suppose only one professor teaches economics at your university, would you say that this prof is a monopolist who can exact any price from students in the form of readings assigned
Consider a Simple Linear Regression Model (SLRM) of the form y= a1+a2X+e where e ~ N(0,σ 2 )(Use the assumptions outlined in our class and available for review in the lecture note
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